Larsen & Toubro
Indian multinational conglomerate company / From Wikipedia, the free encyclopedia
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Larsen & Toubro Limited, abbreviated as L&T, is an Indian multinational conglomerate, with interests in industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, military and financial services. It is headquartered in Mumbai, Maharashtra.
This article contains content that is written like an advertisement. (August 2023) |
Company type | Public |
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ISIN | INE018A01030 |
Industry | Conglomerate |
Founded | 7 February 1946; 78 years ago (7 February 1946)[1] Bombay, Bombay Presidency, British India (present-day Mumbai, Maharashtra, India) |
Founders | |
Headquarters | L&T House, Ballard Estate, Mumbai, Maharashtra , India[2] |
Area served | Worldwide |
Key people |
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Products |
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Services | |
Revenue | ₹225,271 crore (US$27 billion)[3] (2024) |
₹20,424 crore (US$2.4 billion)[3] (2024) | |
₹15,570 crore (US$1.9 billion)[3] (2024) | |
Total assets | ₹339,627 crore (US$41 billion)[4] (2024) |
Total equity | ₹102,550 crore (US$12 billion)[4] (2024) |
Number of employees | 407,438 (including 348,094 workmen)[5] (2024) |
Divisions | |
Subsidiaries |
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Website | www |
L&T was founded in 1938 in Bombay by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro.[6][7]
As of 31 March 2022, the L&T Group comprises 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 jointly held operations, operating across basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services.[8]
On 1 October 2023, S N Subrahmanyan took charge as Chairman and Managing Director of L&T.[9]